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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Painted Pony Pete Ltd PDPYF

Energy
"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Painted Pony Pete Ltd
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Comment by WHUbubbleson Oct 18, 2018 2:28pm
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Post# 28829304

RE:Jeez are we heading sub $2.00 again

RE:Jeez are we heading sub $2.00 again
Our gas is attached to the worst hubs short term - stn 2 and aeco hub pricing are close to zero on current spot - maybe the enbridge pipe blast is bottle necking supply?  doesnt really matter much as the aeco winter forwards are continuing higher and have caught up to last year now but apparently we are still subject to spot pricing.  Check out near term futures Nov 2018 to Mar 2019....2.14 to 2.56.  That plenty to keep things running at PONY but the price gyrations dont inspire confidence I guess.  Feels like the rug gets pulled out easily on this one.  They are selling out all the gas plays in the region - BIR AAV etc...

We need to show another good quarter - the new BEG results - and a discussion on 2019 hedging opportunities.  Should gets some news flow as we approach month end.  And a gas deal wouldnt  hurt....hang in there.
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